Crude - 5 months consolidation and whats ahead

24 בנוב׳ 2020

Crude OIl has been in a narrow range for almost 5-6 months. Watch out for the movement near the resistance again near 3250-60 levels. It corrects and further remains in consolidation or breaks out from there. Break out would give a 400-500 points swing (but need monitoring with inventories etc).